The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.
via CoinDesk
Monday, January 11, 2021
CryptoCurrency News: Shanghai Government Invests $5M in Blockchain Startup Conflux
The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.
via CoinDesk
CryptoCurrency News: Pirated Academic Database Sci-Hub Is Now On the ‘Uncensorable Web’
Sci-Hub, a pirate database of academic papers using bitcoin for funding, has joined the distributed domain names network Handshake.
via CoinDesk
CryptoCurrency News: Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether
Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.
via CoinDesk
CryptoCurrency News: Did This Bitcoin Cycle’s FUD Phase Just Begin?
As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD.
via CoinDesk
CryptoCurrency News: Institutions Use This Strategy to Hide Their Bitcoin Orders
Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.
via CoinDesk
CryptoCurrency News: Now Is the Time to Advance the Decentralized Web
After the U.S. Capitol insurrection and Twitter's unilateral ban of President Trump, decentralizing the web has never been more necessary.
via CoinDesk
CryptoCurrency News: NYDIG Acquires Digital Assets Data
The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.
via CoinDesk
CryptoCurrency News: Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit-Taking
Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Crypto Market Cap Drops Below $1T as Dollar Gains
Also: Bakkt will go public through a SPAC merger, JPMorgan weighs in on a bitcoin ETF and Dan Larimer is leaving EOS-incubator Block.one.
via CoinDesk
CryptoCurrency News: Aragon One CEO Jorge Izquierdo Resigns in Protest of ‘Governance’ Decisions
Aragon One CEO Jorge Izquierdo has resigned, becoming the highest-profile departure in a recent flurry of resignations.
via CoinDesk
CryptoCurrency News: Binance, Blockchain Firm Orbs to Sponsor New Accelerator for DeFi Innovation
The two firms have become core sponsors of the DeFi.org accelerator, which will provide grants for innovative startups working in decentralized finance.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Jan. 11, 2021
With the price of BTC down by more than $8K and an opportunity to trade your crypto for a NYC bar (or two), CoinDesk’s Market’s Daily is back with the latest crypto news roundup.
via CoinDesk
CryptoCurrency News: Aragon Acquires Voting Project Vocdoni to Flesh Out Decentralized Governance Stack
The Aragon Association has acquired Vocdoni, a decentralized voting project born out of the Catalan independence movement.
via CoinDesk
CryptoCurrency News: US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
via CoinDesk
CryptoCurrency News: First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve
Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.
via CoinDesk
CryptoCurrency News: Bitcoin Exchange Bakkt Agrees Merger, Will Become Publicly Listed on NYSE
The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.
via CoinDesk
CryptoCurrency News: Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
via CoinDesk
CryptoCurrency News: Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating
The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.
via CoinDesk
CryptoCurrency News: UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams
The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."
via CoinDesk
CryptoCurrency News: Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.
via CoinDesk
CryptoCurrency News: Biconomy Raises $1.5M in Seed Funding for Bid to Simplify Blockchain Transactions
Biconomy aims to enable blockchain developers to provide a simplified onboarding and transaction experience for users of Web 3.0 and blockchain projects
via CoinDesk
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